For whom takeovers loom

Historic lows in oil sands bitumen prices could open door to new consolidation round

Gary Park

for Petroleum News

With Alberta oil sands bitumen prices sliding into negative territory for the first time in their 50-year history, there is talk the trend will set off a wave of new energy deals, which may have started with two attempted takeovers totaling C$8 billion.
Canadian heavy crude, dominated by bitumen, ha....

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